Company Profile

Company Profile

Royal Philips of the Netherlands is a diversified technology company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare.

Creating innovations that matter to people

Since the introduction of the first Philips light bulb more than 120 years ago, innovation and a people-centric approach have always been at the core of our company.

Our commitment is to deliver new healthcare and lighting technologies, as well as innovative and locally relevant consumer products that make a real difference to our customers, consumers and stakeholders across the globe. We believe that the best way for us to do this, is through deep understanding of people’s needs and desires.

When we bring the two together – people and innovation – we create the next generation of technology and things that people truly want and need. These are meaningful innovations that help people to be healthy, live well and enjoy life. This sets us apart and makes us Philips.

Business Highlights in Q4

As a leading innovator in image-guided interventions and therapy, Philips has expanded its product portfolio with InfraredX’s catheter-based imaging system and teamed up with RealView Imaging to demonstrate the feasibility of 3D holographic imaging in interventional cardiology.

Driven by the positive consumer response to the Philips AVENT Natural Feeding range, Philips Mother and Childcare delivered strong growth in European markets such as Germany, France, the UK and Central & Eastern Europe.

Philips was awarded the order to renovate most of Buenos Aires’ 125,000 street lights with its CityTouch connected LED system. This system allows each light point to be programmed and remotely controlled, improving comfort and safety at lower energy cost.